Rabu, 23 Juli 2008

"Rebound"--? No. Billions Lost? Yes. Again.

In the news: Large second-quarter losses at Wachovia and Washington Mutual revive concerns that the financial sector still has a long way to go before it recovers from the year-old credit crisis.Huh? Did anybody really think we were in recovery?According to the AP, "Investors who were growing optimistic after a string of upbeat bank results in recent days were jolted Tuesday when Wachovia, the

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